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Impact of Ecological Innovation, Entrepreneurial Self-Efficacy and Entrepreneurial Orientation on Environmental Performance and Energy Efficiency

Author

Listed:
  • Umair Ahmed

    (Arab Open University, Bahrain,)

  • Soleman Mozammel

    (Arab Open University, Bahrain,)

  • Fazluz Zaman

    (Institute of Business and Management, Australia.)

Abstract

The rise in environmental regulation also enforced several limitations on organizations to follow the globally accepted business activities and incentivize firms for implementing eco-friendly business methods. Keeping in mind, the current study seeks to analyze the ecological aspects of them by identifying the relationship of ecological innovation, entrepreneurial orientation and entrepreneurial self-efficacy in affecting a firm s energy efficiency and environmental performance. The findings of structural equation modelling ensure that all chosen factors have a significant and positive influence on energy efficiency and environmental performance of SMEs in Malaysia. Furthermore, the findings of structural equation modelling recommended that ecological innovation, entrepreneurial orientation and entrepreneurial self-efficacy have a positive and significantly influenced on energy efficiency and environmental performance. Technical speaking, the results confirm that the ecological innovation, entrepreneurial orientation and entrepreneurial self-efficacy are the key contributors to enhance the energy efficiency and environmental performance of SMEs in Malaysia.

Suggested Citation

  • Umair Ahmed & Soleman Mozammel & Fazluz Zaman, 2020. "Impact of Ecological Innovation, Entrepreneurial Self-Efficacy and Entrepreneurial Orientation on Environmental Performance and Energy Efficiency," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 289-295.
    • Handle: RePEc:eco:journ2:2020-03-36
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    2. Huatao Peng & Bingbing Li & Chen Zhou & Bert M. Sadowski, 2021. "How Does the Appeal of Environmental Values Influence Sustainable Entrepreneurial Intention?," IJERPH, MDPI, vol. 18(3), pages 1-25, January.
    3. Nosheena Yasir & Muhammad Babar & Hafiz Shakir Mehmood & Ruyu Xie & Guanke Guo, 2023. "The Environmental Values Play a Role in the Development of Green Entrepreneurship to Achieve Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 15(8), pages 1-27, April.
    4. Alexander Melnik & Irina Naoumova & Kirill Ermolaev & Jerome Katrichis, 2021. "Driving Innovation through Energy Efficiency: A Russian Regional Analysis," Sustainability, MDPI, vol. 13(9), pages 1-19, April.

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    More about this item

    Keywords

    Ecological innovation; entrepreneurial orientation; energy efficiency; environmental performance; Malaysia;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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